NLB Shareholders to Decide New Recapitalisation

Ljubljana, 12 November - The shareholders of Slovenia's top bank NLB will meet on 14 December to sanction a new capital injection of up to EUR 80m in exchange for contingent convertible bonds. The meeting is also expected to endorse the issuance of EUR 1.9m-worth of new shares to be bought by the state-run KAD and SOD funds.